UnitedHealth struck a $4.9 billion deal on Wednesday to acquire the DaVita Medical Group unit of kidney dialysis firm DaVita in an all-cash transaction.
DaVita Medical Group operates nearly 300 clinics and half a dozen outpatient surgical centers in six states – Florida, California, Colorado, Washington, Nevada and New Mexico.
The DaVita facilities will become part of United’s Optum division, the umbrella for all of the noninsurance side of the business: pharmacy benefits, data analytics, consulting, clinics and surgical centers and home care.